Funding arb · Price arb /

XMR

all XMR markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0227%/8h= +24.9% APRpaid last 24h +0.183%

Price spread now: Binance against edgeX+0.174%70s7-day average −0.020% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$610.607% of the position

Long on edgeX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.364%+$36 on $10k

Price spread, last 3 days (all we have)−0.605%−$60 · spread now +0.174%, 7d avg −0.020%

Together, before fees−0.241%+ Points / potential airdropedgeX: Active · farm board−$24 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and Binance is 0.194% dearer against edgeX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of −0.020%. The two prices were read 70 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX XMRUSDC	596.23	0.0100	pay 0.0050% / 4h	1h 42m	$1.1M	$667K	10x
Short	Binance XMRUSDT	597.27	0.0327	get 0.0327% / 8h	1h 42m	$54.8M	$162.8M	75x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against edgeX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee edgeXbpFee BinancebpOrdersPrice spread, now +0.174%Rate

Funding earned: $47.71
Price spread: +0.174% → −0.020%: $19.37
Slippage, 4 orders: −$41.74
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Binance: 5 bp × 2 orders: −$10
Net: $6.33
Costs to cover: 0.607%
Break-even: 6.1 days

Slippage from edgeX: live order book, 1 min ago; Binance: live order book, 1 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 1 min ago	12.05 bp	16.6 bp −$17	24.3 bp −$243	doesn't fit	doesn't fit
Sell Binance live order book, 1 min ago	0.08 bp	14.7 bp −$15	29.2 bp −$292	doesn't fit	doesn't fit

XMR on 31 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
gTrade (Gains Network) XMR/USD	L +0.0010% / S −0.0009%	1h	596.33	+0.017%	$44K	—	150x	as long as short
Bybit XMRUSDT	+0.0100%	8h	597.35	+0.187%	$48.4M	$61.4M	75x	as long as short
edgeX XMRUSDClong	+0.0100%	4h	596.23	long leg	$1.1M	$667K	10x
SunX XMR-USDT	+0.0100%	8h	597.05	+0.137%	$2K	$1.9M	20x	as long as short
Aevo XMR-PERP	+0.0168%	1h	593.77	−0.413%	$12K	—	3x	as long as short
Variational Omni XMR	+0.0246%	8h	597.79	+0.261%	$6.9M	$2.7M	—	as long as short
MEXC XMR_USDT	+0.0327%	8h	597.31	+0.181%	$22.4M	$15.0M	100x	as long as short
Binance XMRUSDTshort	+0.0327%	8h	597.27	+0.174%	$54.8M	$162.8M	75x
BingX XMR-USDT	+0.0374%	8h	597.18	+0.159%	—	$5.7M	—	as long as short
Kraken Futures PF_XMRUSD	+0.0382%	1h	596.09	−0.024%	$5.7M	$20.4M	50x	as long as short

Show all 31 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Pacifica XMR	+0.0387%	1h	597.15	+0.154%	$271K	$1.0M	10x	as long as short
Bitget XMRUSDT	+0.0395%	8h	597.42	+0.199%	$10.0M	$14.2M	50x	as long as short
BloFin XMR-USDT	+0.0469%	8h	597.73	+0.251%	$2.8M	$11.5M	75x	as long as short
Gate XMR_USDT	+0.0486%	8h	596.77	+0.090%	$1.6M	$4.5M	50x	as long as short
Aster XMRUSDT	+0.0531%	8h	597.32	+0.182%	$671K	$2.3M	75x	as long as short
KuCoin XMRUSDTM	+0.0554%	8h	596.86	+0.105%	$48.8M	$25.8M	50x	as long as short
GRVT XMR_USDT_Perp	+0.0593%	8h	595.66	−0.096%	$354K	$785K	10x	as long as short
Injective XMR/USDC PERP	+0.0695%	1h	591.89	−0.728%	$3K	$6K	12x	as long as short
Polymarket Perps XMR-USD	+0.0749%	1h	597.26	+0.172%	$23K	$1.8M	5x	as long as short
GMX XMR/USD [WBTC.b-USDC]	L +0.0823% / S −0.1341%	1h	596.16	−0.012%	$341K	—	100x	as long as short
Paradex XMR-USD-PERP	+0.0860%	8h	597.23	+0.167%	$8K	$4K	20x	as long as short
Lighter XMR	+0.0872%	1h	597.17	+0.157%	$3.5M	$6.7M	10x	as long as short
SoDEX XMR-USD	+0.0874%	1h	597.15	+0.154%	$454K	$3K	5x	as long as short
Orderly PERP_XMR_USDC	+0.0914%	8h	596.86	+0.105%	$48K	$720K	10x	as long as short
Backpack XMR_USDC_PERP	+0.0956%	1h	597.17	+0.157%	$203K	$575K	20x	as long as short
dYdX XMR-USD	+0.1384%	1h	596.80	+0.096%	$108K	$50K	5x	as long as short
Nado XMR-PERP	+0.1555%	1h	597.14	+0.153%	$1.3M	$480K	10x	as long as short
Extended XMR-USD	+0.1768%	1h	597.09	+0.144%	$3.1M	$6.8M	25x	as long as short
Hyperliquid XMR	+0.1848%	1h	597.83	+0.268%	$88.5M	$67.5M	5x	as long as short
HTX XMR-USDT	+0.2120%	8h	594.96	−0.213%	$1.1M	$1.5M	20x	as long as short
Aftermath Perps XMRUSD	+0.2434%	1h	596.57	+0.056%	$2K	$47K	10x	as long as short